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SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

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Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 2017

Okavango Diamond to conduct another auction next month

21 april 2017
Botswana Government’s wholly-owned Okavango Diamond Company (ODC) is set to conduct yet another rough diamond auction mid-next month with viewing of lots slated from 3 to 12 May.
Its last auction was held in March when it provided 294,553.06 carats for spot auction and 97,577.75 carats for term supply.
Spot supply refers to the number of similar lots offered in the auction while term supply refers to the number of corresponding sale lots supplied through term contracts.
ODC conducts an online auction following customer viewings of the sales lots at their offices in Gaborone.
With access to 15 percent of Debswana's run-of-mine production, ODC was said to be an “important” supplier to the market with sales in the region of $500 million per annum.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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